| Schedule of Cost and Accumulated Amortization |
The cost and accumulated amortization of intangible assets as of June 30, 2026 and December 31, 2025 are as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | Weighted average useful life | | Gross carrying amount | | Accumulated amortization | | Net carrying amount | | | | | | | | | | | | | | dollars in thousands | | | | Internally developed software | | 3.4 | | $ | 166,260 | | | $ | (110,158) | | | $ | 56,102 | | | Renewal rights | | 10.0 | | 21,374 | | | (11,575) | | | 9,799 | | | Trade names and trademarks | | 14.2 | | 11,867 | | | (4,979) | | | 6,888 | | | State licenses | | Indefinite | | 11,263 | | | — | | | 11,263 | | | Relationships and customer lists | | 15.5 | | 7,900 | | | (2,637) | | | 5,263 | | | Other | | 3.5 | | 577 | | | (577) | | | — | | | Total intangible assets | | | | $ | 219,241 | | | $ | (129,926) | | | $ | 89,315 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Weighted average useful life | | Gross carrying amount | | Accumulated amortization | | Net carrying amount | | | | | | | | | | | | | | dollars in thousands | | | | Internally developed software | | 3.4 | | $ | 155,933 | | | $ | (102,326) | | | $ | 53,607 | | | Renewal rights | | 10.0 | | 21,740 | | | (10,693) | | | 11,047 | | | Trade names and trademarks | | 14.2 | | 11,867 | | | (4,402) | | | 7,465 | | | State licenses | | Indefinite | | 11,263 | | | — | | | 11,263 | | | Relationships and customer lists | | 15.5 | | 7,913 | | | (2,380) | | | 5,533 | | | Other | | 3.5 | | 580 | | | (580) | | | — | | | Total intangible assets | | | | $ | 209,296 | | | $ | (120,381) | | | $ | 88,915 | |
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| Schedule of Future Amortization Expense |
Estimated future aggregate amortization expense related to intangible assets as of June 30, 2026 is as follows:
| | | | | | | in thousands | | 2026 - remaining | $ | 12,682 | | | 2027 | 24,726 | | | 2028 | 19,232 | | | 2029 | 9,558 | | | 2030 | 2,952 | | | Thereafter | 8,902 | | | Total | $ | 78,052 | |
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